concept   money lending
9 commonsense assertions
Cultures (9) • African countries (1) • Arab countries (1) • East Asian countries (1) • Islamic cultures (1) • Latin American countries (1) • Scandinavian countries (1) • South Asian countries (1) • United Arab Emirates (1) • Venezuela (1)
# Concept Culture Statement Freq.
1 money lending African countries Informal money lending is prevalent in African countries due to limited access to formal banking. 1
2 money lending Arab countries Money lending in Arab countries places a strong emphasis on personal relationships and trust. 1
3 money lending East Asian countries Family-based lending practices have historically influenced money lending in East Asian countries. 1
4 money lending Islamic cultures Islamic cultures prohibit the charging of interest in money lending. 1
5 money lending Latin American countries High inflation in Latin American countries may lead to increased informal money lending and borrowing. 1
6 money lending Scandinavian countries Money lending in Scandinavian countries is characterized by strict regulations and low interest rates. 1
7 money lending South Asian countries Informal money lending systems like 'chit funds' are common in South Asian countries. 1
8 money lending United Arab Emirates Lending money in the United Arab Emirates is heavily based on personal relationships and trust. 1
9 money lending Venezuela High inflation in Venezuela leads to informal money lending and borrowing. 1